Since June 2003, the national minimum wage in Spain remained fixed at €526.4 per month, that is 6,317 euros per year, taking into account 12 payments per year.
Accordingly the national minimum wage has remained stable, while the CPI of 2003 which was 4%, so workers have lost purchasing power in the last year.
If we look at the ranking of the national minimum wage that we publish, Spain is in 17 nd place of the 72 of the list.
The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.
In the table that follows we show you the progression of the National Minimum Wage Spain. You can see NMW in other countries in National Minimum Wage 2003 and see all the information about this country in Spain economy.